Solana News

PayPal Expands PYUSD to Solana Blockchain

PayPal has added its stablecoin, PYUSD, to the Solana blockchain.This move offers lower transaction costs and faster processing times.Users will experience unified balances across...

Solana Prepares for Major Network Update to Address Congestion Issues

Solana is set to release version v1.18 on May 27, targeting improvements in network congestion.Recent updates have been tested by validators who play a...

Solana Faces Transaction Failures, Price Drop Amid Network Scaling Issues

Solana network experienced a surge in transaction failures, with approximately 75% of non-vote transactions failing on April 4.The price of Solana's cryptocurrency, SOL, dropped...

What Does LP Burn in Solana Tokens Mean?

LP Burn in Solana tokens refers to the act of permanently removing liquidity pool (LP) tokens from circulation, securing the assets within the pool.By...

Solana’s Meme Token Market Takes a Tumble

KEY TAKEAWAYSSolana's meme tokens have seen significant price drops, with some falling by over 70%.Dogwifhat (WIF) token plunged 76% from its peak, now trading...

Solana’s Milestone 1.16 Update Introduces Confidential Transfers for SPL Tokens as SOL Holds Steady

Solana's version 1.16 update has completed its extensive approval process, marking a culmination of nearly ten months of diligent development and rigorous testing.This...

Visa’s Crypto Revolution: How Visa is Transforming Payments with Ethereum and Solana

Visa's foray into the world of cryptocurrency is indeed a bold move, and it speaks volumes about the company's recognition of the technological potential...

Solana’s Rocky Ride: Overcoming Regulatory Waves, Soaring Towards Growth

Solana's financial performance suffered in the 2nd quarter of the year as the US Securities and Exchange Commission (SEC) alleged that several cryptocurrency exchanges...

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Japanese Investment Firm Metaplanet Expands Bitcoin Holdings to $250 Million

Metaplanet Inc. expands Bitcoin holdings to 3,050 BTC worth approximately $250 million after acquiring an additional 162 BTC.The Tokyo-based...

Bitcoin’s Four-Year CAGR Drops to Record Low 8% as Asset Matures

Bitcoin's four-year compound annual growth rate (CAGR) has reached its lowest recorded level at 8%, according to Glassnode data.The...

Bitcoin Faces Potential Drop to $68,400 After Rejection at $84,000 Level

Bitcoin's apparent demand has dropped significantly, currently at -93,700 BTC, potentially signaling further price declines.Technical analysis reveals a bear...

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